Kolkata: There is a gush in the number of investment proposals got by West Bengal during the first half of 2007 (January-June period), compared to the sameperiod of 2006. According to the quarterly review (July-September 2007) of Investment, Industry and Trade released by the State Directorate of Industries, West Bengal got 12.7 per cent of the country''s total investment proposals via Industrial Entrepreneur Memorandum (IEMs) during the six-month period. During January-June, some 127 IEMs were issued for establishing projects in the State involving an investment of Rs 49,128 crore, and also ensuring additional employment to 77,071 persons. The key IEMs were in areas such as sponge iron, coal washery, CPP-Sinter plant of Jail Balaji Industries at Durgapur in Burdwan district entailing a total investment of Rs 22,267 crore, power generation project of Bharat Aluminium Co Ltd in Ranigunj (Rs 4,400 crore), pig iron sinter coke project of Rashmi Metallicks at Kharagpur (Rs 820 crore), and hot metal and pig iron project of Shyam Steel (Rs 620 crore).
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